Chemplast Sanmar Limited — PPTs, 08-02-2026: Investor Presentation

Chemplast Sanmar faced a challenging Q3 FY26, reporting consolidated revenue of 835 Cr (down 21% YoY) and an EBITDA loss of 57 Cr, with PAT loss at 119 Cr. For the first nine months (9M FY26), revenue stood at 2,968 Cr (down 7% YoY), while EBITDA was 4 Cr and PAT loss 234 Cr. Suspension PVC was hit by lower import prices, though Paste PVC demand remained stable. Custom Manufactured Chemicals (CMCD) experienced a slowdown in the agrochemical sector.

Despite headwinds, the company is focused on cost control and strategic initiatives. Capacity expansions are progressing well, with MPB-3 Phase 3 expected by Q4 FY26 and MPB-4 by Q1 FY27. A significant expansion in R32 refrigerant gas capacity to 14 ktpa is underway, with commercial sales anticipated in Q4 FY26. Management sees early signs of revival in Suspension PVC pricing, partly due to China's export tax rebate withdrawal. They expect a stronger FY27 as pricing pressures ease and new capacities begin contributing.